HB1615: establishing a fund for improvement of the state veterans cemetery.

HB 1615-FN-A – AS INTRODUCED

2006 SESSION

06-2932

09/03

HOUSE BILL 1615-FN-A

AN ACT establishing a fund for improvement of the state veterans cemetery.

SPONSORS: Rep. F. Tilton, Belk 4; Rep. D. Smith, Hills 22; Rep. Headd, Rock 3

COMMITTEE: Public Works and Highways

ANALYSIS

This bill establishes a special fund for improvement of the state veterans cemetery.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

06-2932

09/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Six

AN ACT establishing a fund for improvement of the state veterans cemetery.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Subparagraph; State Veterans Cemetery Improvement Fund. Amend RSA 6:12, I(b) by inserting after subparagraph (242) the following new subparagraph:

(243) Moneys deposited in the state veterans cemetery improvement fund under RSA 110-B:74-a.

2 New Section; State Veterans Cemetery Improvement Fund. Amend RSA 110-B by inserting after section 74 the following new section:

110-B:74-a Improvement Fund. There is established a state veterans cemetery improvement fund. One-half of internment fees and of any other payments to the state associated with burials shall be deposited in the fund. The fund shall be nonlapsing and continually appropriated to the adjutant general for the purpose of making improvements, including capital improvements, to the veterans cemetery. Interest earned on money deposited into the fund shall be deposited into the fund.

3 Effective Date. This act shall take effect July 1, 2006.

LBAO

06-2932

11/30/05

HB 1615-FN-A - FISCAL NOTE

AN ACT establishing a fund for improvement of the state veterans cemetery.

FISCAL IMPACT:

The Office of the Adjutant General has determined this bill will decrease state general fund revenue and increase state restricted revenue by $40,000 in FY 2007, $41,500 in FY 2008, $37,500 in FY 2009 and $35,000 in FY 2010. There will be no fiscal impact on county and local revenue or state, county and local expenditures.

METHODOLOGY:

The Office stated this bill intends to establish a non-lapsing, revolving fund with the purpose of providing funding for improvements, including capital improvements to the NH State Veterans Cemetery, and the fund would be in addition to the Cemetery’s biennial operating budget. The Office estimates burial fee revenue that is currently deposited into the general fund as follows:

FY 2007 $80,000

FY 2008 $83,000

FY 2009 $75,000

FY 2010 $70,000

This bill will direct of the above amounts to be deposited into the new State Veterans’ Cemetery Improvement Fund. Therefore, general fund revenue will decrease and restricted revenue will increase by the following amounts:

FY 2007 $40,000

FY 2008 $41,500

FY 2009 $37,500

FY 2010 $35,000